30 h. ago Quiet wealth is the new power move: Why young Nigerians are ditching the noise for control

The Nigeria’s financial landscape which has grown by 197 percent is experiencing a fundamental shift in how wealth is built read more Quiet wealth is the new power move: Why young Nigerians are ditching the noise for control

Politics

40 h. ago Dantsoho pledges revitalised port efficiency to power exports, sustainability

By Steve Agbota The Managing Director of Nigerian Ports, Dr. Abubakar Dantsoho, has tasked his team to renew commitment towards continuous improvement of the Port efficiencies that provided the backbone for the positive export performance Nigeria has recorded thus far in the successive quarters of the year 2025. Speaking during the recently concluded NPA Management […] The post Dantsoho pledges revitalised port efficiency to power exports, sustainability appeared first on The Sun Nigeria.

Politics

3 d. ago Race to N500bn: Banks step up capital drive as CBN tightens grip on recap to power $1trn economy goal

Tribune Online Race to N500bn: Banks step up capital drive as CBN tightens grip on recap to power $1trn economy goal The Central Bank of Nigeria (CBN) has reaffirmed its commitment to maintaining a resilient, safe, and sound financial system as the ongoing banking recapitalisation exercise continues to gather pace. According to the apex bank, eight commercial banks have already met the new capital requirements ahead of the March 31, 2026 deadline, with others making significant […] Race to N500bn: Banks step up capital drive as CBN tightens grip on recap to power $1trn economy goal Tribune Online

Politics

6 d. ago Afri Invoice creates 150 marketing jobs to power Nigeria’s e

Afri Invoice, Nigeria’s pioneering homegrown e-invoice platform, has announced the creation of 150 new marketing roles across seven key states, read more Afri Invoice creates 150 marketing jobs to power Nigeria’s e-invoicing revolution

Politics

6 d. ago Mounting deficits raise concerns over bank takeover as Ikeja Electric reports N25bn pretax loss

Tribune Online Mounting deficits raise concerns over bank takeover as Ikeja Electric reports N25bn pretax loss EFFORTS by Nigerian banks to take over Sahara Group’s power assets may be complicated by the deepening financial woes of Ikeja Electricity Distribution Company (Ikeja DisCo), which posted a pretax loss of N25.2 billion for the full year ended December 31, 2023. The company’s latest financials revealed worsening fundamentals that raised red flags for potential […] Mounting deficits raise concerns over bank takeover as Ikeja Electric reports N25bn pretax loss Tribune Online

Politics

7 d. ago Blackout hit parts of Lagos, Ogun as fire guts Egbin Power, damages transformer

The Transmission Company (TCN) of Nigeria said a fire incident at Egbin Power Plc at about 6:30am on Tuesday affected read more Blackout hit parts of Lagos, Ogun as fire guts Egbin Power, damages transformer

Events

7 d. ago Gombe: Ali JC’s stalled power project sparks outrage in Talase

Residents accuse lawmaker of abandoning project, warn of 2027 electoral consequences From Abdulrazaq Mungadi Residents and business owners in Talase, the headquarters of Balanga Local Government Area (LGA) in Gombe State, have raised concerns over the suspension of a rural electrification project initiated by the member representing Billiri/Balanga Federal Constituency, Dr Ali Isa JC. The […] The post Gombe: Ali JC’s stalled power project sparks outrage in Talase appeared first on The Sun Nigeria.

Politics

7 d. ago Sokoto committed to uninterrupted power for economic growth – Commissioner

From Shafa’atu Suleiman, Sokoto The Sokoto State government said it would continue to prioritise the power sector by ensuring stable electricity for the economic benefit of its residents across the state. The State Commissioner for Energy and Petroleum Resources, Hon Sanusi Danfulani, gave the assurance after inspecting the completed electricity restoration project at Durbawa community […] The post Sokoto committed to uninterrupted power for economic growth – Commissioner appeared first on The Sun Nigeria.

Politics

8 d. ago Court places Ikeja DisCo, KEPCO in receivership worsening Nigeria’s power woes

A Lagos High Court has taken control of Ikeja Electric and KEPCO Energy Resources, two major players in the country’s read more Court places Ikeja DisCo, KEPCO in receivership worsening Nigeria’s power woes

Politics

8 d. ago BREAKING: FBN Holdings takes over Egbin Power, Ikeja Electric, FIPL

 …Appoints Receiver/Manager By Adewale Sanyaolu FBNQuest Trustees Limited, a subsidiary of FBN holdings has appointed a receiver/manager for KEPCO Energy Resources Limited, a special purpose vehicle for Sahara Energy Resources  Group Limited, owners of Egbin Power, Ikeja Electric and First Independent Power Limited(FIPL). In executing the takeover, FBNQuest has appointed Kunle Ogunba and Associates as […] The post BREAKING: FBN Holdings takes over Egbin Power, Ikeja Electric, FIPL appeared first on The Sun Nigeria.

Politics

8 d. ago Nigeria Needs Good Governance Not Rotational Presidency – Sowore

Human rights activist Omoyele Sowore has rejected rotational presidency, saying Nigeria needs good governance, not regional power-sharing. He made this known on Tuesday, during an appearance on Sunrise Daily, a breakfast programme on Channels Television. Sowore argued that Nigeria’s development has been held back by the obsession with zoning and ethnic politics rather than focusing […] The post Nigeria Needs Good Governance Not Rotational Presidency – Sowore appeared first on Information Nigeria.

Politics

8 d. ago North’s problem is leaders who wasted power not Tinubu – Sani

From Noah Ebije, Kaduna Former Kaduna Central Senator Shehu Sani has said that the root cause of Northern Nigeria’s persistent underdevelopment lies not with President Bola Ahmed Tinubu but with past Northern leaders who failed to use their time in power to transform the region. Speaking when members of the Tijjaniyya Grassroots Mobilisation and Empowerment […] The post North’s problem is leaders who wasted power not Tinubu – Sani appeared first on The Sun Nigeria.

Politics

9 d. ago EU, Germany, FG host GET.invest Nigeria inaugural steering committee meeting

From Fred Ezeh, Abuja The European Union Delegation to Nigeria and ECOWAS, the German Embassy, and the Federal Ministry of Power, on Monday, August 4, hosted the inaugural Steering Committee meeting of GET.invest Nigeria, bringing together national stakeholders to accelerate Nigeria’s energy transition. Co-chaired by the Federal Ministry of Power, the EU, and the German […] The post EU, Germany, FG host GET.invest Nigeria inaugural steering committee meeting appeared first on The Sun Nigeria.

Politics

9 d. ago Airtel bets on network innovation to power Nigeria’s urban digital demand

As Nigeria’s cities expand and digital consumption accelerates, Airtel Nigeria says it is ramping up network innovation, AI-powered experience tools, read more Airtel bets on network innovation to power Nigeria’s urban digital demand

Politics

9 d. ago Political Elite Must Tackle Insecurity, Not Chase Power Games – Femi Falana

Human rights lawyer, Femi Falana (SAN), has criticised the renewed debate on single-term presidency, describing it as a needless distraction from Nigeria’s pressing challenges. Falana, during an interview on Channels TV’s Politics Today on Monday, dismissed calls for a single four-year term. He took a swipe at politicians like Peter Obi for pushing such proposals. […] The post Political Elite Must Tackle Insecurity, Not Chase Power Games – Femi Falana appeared first on Information Nigeria.

Politics

9 d. ago No Government Can Solve All Problems, Even In 20 Years – Wike

Minister of the Federal Capital Territory (FCT), Nyesom Wike, has stated that the administration of President Bola Ahmed Tinubu cannot resolve all of Nigeria’s challenges, even if it remains in power for two decades. Wike stated this during a media briefing in Abuja, where he addressed concerns over uncommissioned projects and the government’s development efforts. […]

Politics

1 week ago When Nigerians will start enjoying uninterrupted power supply — Adelabu

Tribune Online When Nigerians will start enjoying uninterrupted power supply — Adelabu Adelabu also pointed to major reforms in the power sector, especially the Electricity Act 2023, which decentralised the electricity market and encouraged state-level initiatives. When Nigerians will start enjoying uninterrupted power supply — Adelabu Tribune Online

Politics

1 week ago Ikeja Electric inaugurates Kwaru 15MVA injection substation to boost power supply

By Adewale Sanyaolu   Ikeja Electric Plc has inaugurated a new, cutting-edge Kwaru 15MVA injection substation in Abaranje, Ikotun area of Lagos State, Nigeria. The power infrastructure is set to drastically improve power supply quality and reliability for thousands of residents and businesses within the rapidly developing Ikotun corridor. The commissioning ceremony, held at the […] The post Ikeja Electric inaugurates Kwaru 15MVA injection substation to boost power supply appeared first on The Sun Nigeria.

Politics

3 w. ago Benin, Niger, Togo’s $40m debt pressures Nigerian power sector

Nigeria is facing a widening shortfall in electricity export revenue as neighbouring countries, Togo, Benin, and Niger, failed to remit read more Benin, Niger, Togo’s $40m debt pressures Nigerian power sector

Politics

3 w. ago National Assembly lacks power to amend constitution – Ahamba

• Says Nigeria won’t work until power devolves from centre to states, LGs   By Vincent Kalu Elder statesman and chieftain of the Peoples Democratic Party (PDP), Chief Mike Ahamba, SAN, has insisted that the Nigerian state would not achieve progress until power is devolved from the central government to the federating units. In an […] The post National Assembly lacks power to amend constitution – Ahamba appeared first on The Sun Nigeria.

Politics